News

The Hyatt lost an important contract to house Southwest Airlines flight crews on layover in Buffalo. The hotel blames the union attempting to organize its workers, noting that the union wrote to ...
A big hotel complex in San Jose has staggered into a loan default, a setback that is a reminder the Bay Area lodging sector's post-coronavirus maladies have yet to run their course.
Park Hotels & Resorts has ceased making payments on a $725 million loan that had two major San Francisco hotels as collateral: the 1,921-room Hilton San Francisco Union Square and the 1,024-room Parc ...
Jun. 10—SAN JOSE — A hotel complex in San Jose is in default on a $21.7 million loan that Choice Hotels International has provided, according to documents filed on June 6 with the Santa Clara ...
Park Hotels & Resorts has ceased making payments on a $725 million loan that had two major San Francisco hotels as collateral: the 1,921-room Hilton San Francisco Union Square and the 1,024-room Parc ...
A deal to sell San Francisco's largest hotel complex faces a July 29 deadline. The sale of the Hilton Union Square and Parc 55 hinges on loan modifications and legal issues.
A big San Jose hotel has been put up for sale by a real estate company that had halted payments on the loan for two San Francisco hotels in the face of a feeble Bay Area lodging market.
San Francisco’s long-suffering hotel industry is showing signs of renewed life, with revenue per room expected to grow faster this year than the national average, though still at a modest pace.